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RNS Number : 3378J
Serco Group PLC
27 June 2017
 

 

27 June 2017

Serco Group plc

Legal Entity Identifier: 549300PT2CIHYN5GWJ21

 

INITIAL NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES ('PDMRs') IN ACCORDANCE WITH ARTICLE 19 OF THE EU MARKET ABUSE REGULATION 596/2014

 

Following the vesting of Awards granted in 2014 under the Serco Performance Share Plan ('PSP') on 27 June 2017 and as notified on the same day, the notification that follows reflects the changes in the interests of Persons Discharging Managerial Responsibilities ('PDMRs') in Ordinary Shares of the Company arising from the sale or withholding of Ordinary Shares to meet tax liabilities.

 

Transaction notification

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

Dan Allen

2

 

Reason for the notification

 

a)

 

Position/status

 

 

CEO Americas

b)

 

Initial notification /Amendment

 

 

Initial notification

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

a)

 

Name

 

Serco Group plc

b)

 

LEI

 

549300PT2CIHYN5GWJ21

4

 

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

 

a)

 

Description of the financial instrument, type of instrument

Ordinary shares of 2 pence each ("Ordinary Shares")

 



Identification code

ISIN: GB0007973794



b)

 

Nature of the transaction

 

 

The sale of Ordinary Shares to meet tax liabilities for the vesting of Awards granted in 2014 under the Company's 2009 Performance Share Plan.

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)




£1.1922

22,306







d)

 

Aggregated information




- Aggregated volume

22.306



- Price

£26,593.21



e)

 

Date of the transaction

 

27/06/2017

f)

 

Place of the transaction

London Stock Exchange (XLON)

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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